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Saudi crude oil supply to China set to fall in September, sources say

Saudi Arabia’s crude oil exports to China are set to fall in September, slipping from a more than two-year high in August after the world’s largest exporter raised prices, several trade sources said on Monday. State oil firm Saudi Aramco will ship about 43 million barrels to China in September, or 1.43 million barrels per day […]

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Goldman Sachs sees 410,000-bpd hike in OPEC+ June supply

 Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due to modest compliance from Kazakhstan, lower-than-expected OECD inventories, and Saudi Arabia’s ability to handle lower oil prices. The Wall Street bank expects the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to announce a […]